Queensland Consolidated Regulations

LEGAL PROFESSION REGULATION 2017 - REG 57

57 Register of powers and estates in relation to trust money

(1) A law practice must keep a register of powers and estates in relation to which the law practice or an associate of the practice is acting or entitled to act, alone or jointly with the law practice or 1 or more associates of the practice, in relation to trust money.

(2) Subsection (1) does not apply if the law practice or associate is also required to act jointly with 1 or more persons who are not associates of the law practice.

(3) The register must record—

(a) the name and address of the donor and date of each power; and

(b) the name and date of death of the deceased in relation to each estate of which the law practice or associate is executor or administrator.